Citigroup reported operating expenses that rose 18% year on year to $13.5 billion. Excluding the impact of Asia divestitures, expenses increased 8%.
Citigroup has warned US office staff they'll be fired at the end of the month if they don't get vaccinated by Friday, according to multiple reports.
If you're seeking an internship at the likes of Goldman Sachs, JPMorgan, or Bank of America, here's a list of programs still accepting applications.
Citigroup is devoting more time, effort, and money into upgrading both core consumer-banking tech and front-end tools.
Citigroup's Matt Zhang is launching the fund, and brought on Sam Peurifoy to run the play-to-earn unit of the firm.
Former Citigroup boss Vikram Pandit said the biggest banks will be seriously weighing up a leap into the crypto world.
"The recovery from the pandemic continues to drive corporate and consumer confidence," said Citigroup CEO Jane Fraser.
Goldman said in a memo to staff, seen by The NYT, that it would require clients and staff to be fully vaccinated before entering US offices.
Citi had previously offered clients access to ethereum products but backed away after the 2017 "crypto winter" price crash.
Federal Reserve Chair Jerome Powell said the US job market "is still a ways off" from the progress the central bank hopes to see.
A partner at Index Ventures told the Journal that at least 12 recent collaboration startups were founded or led by former Big Tech executives.
For Ray McGuire, steering the city's economic recovery after the COVID-19 pandemic would be one of his paramount objectives as mayor.
Some hedge funds and other institutional investors face higher collateral requirements or are limited in shorting certain stocks, Bloomberg reports.
Itay Tuchman, Citi's global head of foreign exchange, said services including trading, custody, and financing are under consideration.
With tightening supply, an upcoming Coinbase IPO, and a tweet from crypto's most famous billionaire advocate, Bitcoin is flirting with all time highs.
"Zoom-Free Fridays" and a "Citi Reset Day" are new ways to help Citigroup staff step away from work, CEO Jane Fraser said in a memo seen by Bloomberg.
These are the top US banks granting employees paid time off to get vaccinated against COVID-19.
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